Manila has emerged as the world’s second-fastest growing prime residential market, underscoring the Philippine property sector’s resilience despite geopolitical tensions, elevated inflation and a slowdown in new project launches.
Property giant Megaworld Corp., the real estate arm of billionaire Andrew Tan, plans to reinvest more than P661 million raised from recent sales of shares in its listed real estate investment trust, MREIT Inc., into expanding key township projects, underscoring its strategy of recycling capital to fund growth.
The Government Service Insurance System (GSIS) has turned over land titles to three government employees in Baguio City and Benguet, moving forward with President Ferdinand R. Marcos Jr.’s directive to expand affordable homeownership under the Pambansang Pabahay para sa Pilipino (4PH) Program.
The opening of Parklinks Mall in 2027 is set to accelerate the next phase of growth for Parklinks, the 35-hectare mixed-use estate jointly developed by Ayala Land Inc. and Eton Properties that spans Pasig and Quezon City.
Ayala Land Premier is responding to changing preferences in Manila's high-end residential market, where affluent buyers are placing greater value on integrated communities that combine homes with hospitality, wellness, retail and culture.